PETTY RANCH

Name: PETTY RANCH lease production and value, Jun 2001 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by WHITE OAK OPERATING COMPANY LLC (P-5 916954) in the GOLD RIVER, NORTH (OLMOS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 183385District 04Field 355665002 tax incentive programmesCondensateGasSave Export

Value, all time

$1.1 M

Jun 2001 – Jul 2018

Value, last 12 filed months

at the published price for each month

Months reported

206

no gaps in the span

Streams

condensate, gas

The GOLD RIVER, NORTH (OLMOS) field

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 830 leases and 840 wells, and the rule below applies to all of them.

Discovered

1978-10-01

as the register files it

Field class

Oil and gas

the register's own label

Between wells

933 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2005-10-25.

The Commission's schedule remark for this field reads: “REMAIN SUSPENDED.”

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	2001-08-22	144660
NGPA	1	none	—	—

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

Stream	Basis	Volume	Value
Condensate	Disposition	1,143 bbl	$51,248
Gas	Production	236,015 Mcf	$1,091,376
Total			$1,142,624

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 28.0991, -99.8298. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.09908, -99.82983 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule

100.0%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

5,600 ft

1 wells filed one

Completion to plug

17.1 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

1100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

1100.0%

NeitherNo plug date, and not on the schedule.

00.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 5,600 ft.

Completions filed

Jun 2001

1 of 1 wells

Plug dates filed

Jul 2018

1 of 1 wells

Last completion to plug: a median of 17.1 years across the 1 well that filed both dates, with the middle half between 17.1 years and 17.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-47937798	401	5,600 ft	Jun 2001	Jul 2018	Yes

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (206)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

206 months


Jul 2018	0	0	65.14	2.93	$0
Jun 2018	0	0	60.18	3.08	$0
May 2018	0	0	65.38	2.90	$0
Apr 2018	0	0	63.84	2.90	$0
Mar 2018	0	0	61.22	2.79	$0
Feb 2018	0	0	61.78	2.77	$0
Jan 2018	0	0	62.87	4.01	$0
Dec 2017	0	0	57.27	2.92	$0
Nov 2017	0	0	55.42	3.12	$0
Oct 2017	0	0	49.29	2.98	$0
Sep 2017	0	0	47.52	3.09	$0
Aug 2017	0	0	45.37	3.00	$0
Jul 2017	0	0	43.87	3.09	$0
Jun 2017	0	0	42.49	3.09	$0
May 2017	0	0	45.37	3.26	$0
Apr 2017	0	0	47.93	3.21	$0
Mar 2017	0	0	46.77	2.98	$0
Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	0	0	48.76	3.72	$0
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	0	0	46.19	3.09	$0
Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	5	101	45.35	2.69	$498
May 2016	0	517	42.52	1.99	$1,029
Apr 2016	0	509	36.56	1.99	$1,013
Mar 2016	5	436	33.01	1.79	$947
Feb 2016	0	416	26.47	2.06	$858
Jan 2016	0	433	27.35	2.36	$1,024
Dec 2015	0	650	32.36	2.00	$1,301
Nov 2015	0	643	38.79	2.17	$1,394
Oct 2015	0	766	43.55	2.43	$1,859
Sep 2015	0	702	42.99	2.76	$1,936
Aug 2015	6	676	40.16	2.87	$2,183
Jul 2015	0	578	48.15	2.95	$1,702
Jun 2015	0	555	56.15	2.88	$1,600
May 2015	0	617	55.21	2.96	$1,824
Apr 2015	0	774	49.82	2.71	$2,095
Mar 2015	0	859	42.89	2.93	$2,521
Feb 2015	6	931	44.66	2.98	$3,039
Jan 2015	9	855	43.43	3.10	$3,042
Dec 2014	0	1,064	54.69	3.59	$3,821
Nov 2014	0	892	70.46	4.25	$3,793
Oct 2014	0	745	78.30	3.90	$2,906
Sep 2014	0	629	86.16	4.05	$2,545
Aug 2014	4	775	89.39	4.04	$3,485
Jul 2014	0	495	96.56	4.18	$2,069
Jun 2014	0	470	98.16	4.74	$2,226
May 2014	0	609	94.73	4.73	$2,878
Apr 2014	4	593	95.94	4.81	$3,236
Mar 2014	0	664	95.89	5.06	$3,358
Feb 2014	5	726	97.40	6.19	$4,982
Jan 2014	0	673	90.40	4.86	$3,271
Dec 2013	4	840	91.82	4.35	$4,025
Nov 2013	0	900	88.85	3.74	$3,364
Oct 2013	0	753	97.42	3.78	$2,846
Sep 2013	0	661	104.11	3.72	$2,457
Aug 2013	0	800	104.25	3.52	$2,818
Jul 2013	0	750	102.52	3.72	$2,788
Jun 2013	0	619	94.40	3.93	$2,435
May 2013	0	706	94.83	4.15	$2,929
Apr 2013	0	673	93.96	4.28	$2,882
Mar 2013	0	685	93.62	3.91	$2,680
Feb 2013	4	704	91.23	3.42	$2,773
Jan 2013	0	810	91.60	3.42	$2,770
Dec 2012	0	852	86.77	3.42	$2,914
Nov 2012	0	864	86.95	3.62	$3,132
Oct 2012	3	933	89.38	3.40	$3,440
Sep 2012	0	668	94.67	2.92	$1,949
Aug 2012	0	607	92.66	2.91	$1,765
Jul 2012	0	612	85.13	3.02	$1,849
Jun 2012	0	672	79.82	2.52	$1,693
May 2012	0	729	91.61	2.49	$1,814
Apr 2012	0	689	101.65	2.00	$1,376
Mar 2012	3	615	105.05	2.22	$1,682
Feb 2012	0	413	101.10	2.57	$1,062
Jan 2012	0	534	98.09	2.73	$1,460
Dec 2011	0	241	96.87	3.24	$781
Nov 2011	1	326	95.72	3.31	$1,175
Oct 2011	0	557	84.98	3.65	$2,032
Sep 2011	0	601	83.62	3.99	$2,395
Aug 2011	0	385	83.40	4.15	$1,597
Jul 2011	0	411	94.14	4.52	$1,857
Jun 2011	0	817	92.90	4.64	$3,791
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	363	105.96	4.33	$1,573
Mar 2011	1	483	96.36	4.06	$2,056
Feb 2011	0	243	85.64	4.18	$1,016
Jan 2011	0	404	86.50	4.59	$1,854
Dec 2010	0	461	85.73	4.35	$2,004
Nov 2010	0	382	80.84	3.80	$1,450
Oct 2010	0	594	78.10	3.51	$2,084
Sep 2010	0	592	72.63	3.98	$2,356
Aug 2010	0	477	73.68	4.42	$2,108
Jul 2010	0	284	72.55	4.74	$1,345
Jun 2010	1	281	70.36	4.91	$1,450
May 2010	1	310	71.12	4.24	$1,384
Apr 2010	0	279	81.69	4.12	$1,150
Mar 2010	0	251	78.39	4.39	$1,102
Feb 2010	0	287	73.58	5.44	$1,562
Jan 2010	0	343	74.36	5.96	$2,046
Dec 2009	0	312	71.44	5.48	$1,711
Nov 2009	0	272	74.59	3.75	$1,020
Oct 2009	0	265	72.54	4.11	$1,089
Sep 2009	0	263	65.54	3.06	$806
Aug 2009	0	241	67.42	3.22	$776
Jul 2009	0	323	61.13	3.46	$1,119
Jun 2009	0	390	66.16	3.90	$1,519
May 2009	0	456	54.74	3.93	$1,790
Apr 2009	0	435	46.77	3.59	$1,561
Mar 2009	0	388	42.14	4.06	$1,575
Feb 2009	0	650	32.81	4.63	$3,011
Jan 2009	0	737	35.86	5.37	$3,958
Dec 2008	0	498	37.10	5.98	$2,977
Nov 2008	0	492	55.49	6.86	$3,375
Oct 2008	0	586	75.24	6.92	$4,056
Sep 2008	0	512	101.76	7.88	$4,033
Aug 2008	0	507	114.22	8.48	$4,301
Jul 2008	0	449	131.08	11.39	$5,114
Jun 2008	0	434	131.33	13.03	$5,656
May 2008	0	604	123.17	11.57	$6,991
Apr 2008	0	497	110.31	10.45	$5,196
Mar 2008	0	588	101.90	9.66	$5,682
Feb 2008	0	564	92.53	8.77	$4,947
Jan 2008	0	794	90.38	8.21	$6,515
Dec 2007	0	637	88.33	7.30	$4,651
Nov 2007	0	562	91.67	7.29	$4,098
Oct 2007	0	631	82.85	6.92	$4,368
Sep 2007	0	669	75.84	6.24	$4,177
Aug 2007	0	739	69.06	6.39	$4,721
Jul 2007	0	736	70.90	6.39	$4,702
Jun 2007	0	786	62.00	7.55	$5,933
May 2007	0	757	58.74	7.85	$5,940
Apr 2007	0	1,505	59.61	7.81	$11,747
Mar 2007	0	864	56.92	7.30	$6,309
Feb 2007	0	873	55.10	8.22	$7,173
Jan 2007	0	1,134	50.30	6.73	$7,628
Dec 2006	0	981	56.65	6.92	$6,787
Nov 2006	0	963	54.20	7.62	$7,336
Oct 2006	0	1,155	54.90	6.01	$6,946
Sep 2006	0	1,106	60.08	5.04	$5,571
Aug 2006	1	1,132	68.71	7.34	$8,378
Jul 2006	0	1,122	69.37	6.34	$7,117
Jun 2006	2	1,173	66.28	6.38	$7,621
May 2006	4	1,182	66.01	6.42	$7,858
Apr 2006	7	1,278	64.39	7.36	$9,857
Mar 2006	33	1,281	56.70	7.08	$10,944
Feb 2006	24	1,152	57.59	7.75	$10,311
Jan 2006	21	1,252	60.59	8.93	$12,457
Dec 2005	25	1,367	54.94	13.42	$19,712
Nov 2005	19	1,372	54.69	10.59	$15,566
Oct 2005	22	1,484	58.34	13.80	$21,756
Sep 2005	19	1,439	61.45	12.08	$18,549
Aug 2005	18	1,196	61.51	9.80	$12,824
Jul 2005	17	1,266	55.69	7.84	$10,877
Jun 2005	14	1,414	52.33	7.38	$11,169
May 2005	57	1,404	45.22	6.65	$11,916
Apr 2005	53	1,416	49.20	7.36	$13,030
Mar 2005	52	1,500	50.37	7.15	$13,352
Feb 2005	72	1,126	45.22	6.31	$10,363
Jan 2005	42	1,333	43.16	6.32	$10,240
Dec 2004	46	1,259	39.86	6.75	$10,333
Nov 2004	32	1,211	45.28	6.33	$9,115
Oct 2004	68	1,521	49.70	6.52	$13,289
Sep 2004	17	1,547	43.24	5.28	$8,909
Aug 2004	0	1,453	42.37	5.55	$8,065
Jul 2004	66	1,463	38.28	6.08	$11,428
Jun 2004	20	1,322	36.10	6.43	$9,226
May 2004	23	1,355	37.48	6.49	$9,662
Apr 2004	23	1,606	34.47	5.86	$10,202
Mar 2004	34	1,787	34.36	5.53	$11,051
Feb 2004	42	1,768	32.45	5.51	$11,104
Jan 2004	84	1,720	32.03	6.30	$13,526
Dec 2003	7	1,509	30.26	6.30	$9,721
Nov 2003	0	1,772	28.80	4.60	$8,143
Oct 2003	0	1,681	28.17	4.76	$8,001
Sep 2003	15	1,535	26.31	4.75	$7,685
Aug 2003	11	1,842	29.76	5.13	$9,776
Jul 2003	0	1,070	29.41	5.17	$5,533
Jun 2003	0	1,594	28.56	5.98	$9,537
May 2003	28	1,775	26.59	5.97	$11,346
Apr 2003	16	1,152	26.67	5.41	$6,656
Mar 2003	37	1,761	31.14	6.10	$11,887
Feb 2003	10	2,784	33.48	7.93	$22,400
Jan 2003	0	3,063	30.31	5.58	$17,098
Dec 2002	0	3,598	26.91	4.85	$17,464
Nov 2002	0	3,322	24.66	4.14	$13,743
Oct 2002	0	2,583	26.46	4.23	$10,924
Sep 2002	0	2,762	27.44	3.64	$10,040
Aug 2002	0	3,106	25.96	3.16	$9,828
Jul 2002	0	4,345	24.58	3.06	$13,303
Jun 2002	0	4,252	23.73	3.34	$14,194
May 2002	0	4,338	24.66	3.58	$15,547
Apr 2002	0	4,738	23.65	3.51	$16,641
Mar 2002	0	5,020	22.00	3.10	$15,576
Feb 2002	0	5,763	18.22	2.38	$13,691
Jan 2002	0	7,020	17.17	2.38	$16,677
Dec 2001	0	6,433	16.93	2.36	$15,210
Nov 2001	0	6,132	18.07	2.41	$14,751
Oct 2001	0	6,922	19.78	2.53	$17,505
Sep 2001	0	7,604	24.26	2.25	$17,119
Aug 2001	0	10,181	24.87	3.05	$31,084
Jul 2001	0	9,257	23.93	3.20	$29,595
Jun 2001	0	2,031	24.56	3.82	$7,767

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Jun 2016 — as filed, then multipliedworked

Condensate             5 bbl  × $ 45.35 =       $227
Gas                  101 Mcf  × $  2.69 =       $271

────────────────────────────────────────────────────
Month total                                     $498

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 04/G/183385 is the state's own key, not one this site invented.